Indian air carriers trigger fare war offering low-priced tickets

January 22, 2014

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New Delhi/Mumbai, Jan 22: With the peak travel season coming to an end, Indian carriers, including Air India,  triggered a fare war on Tuesday, offering a limited period of low-priced tickets across several sectors within the country. SpiceJet is offering 50 per cent off on base fares on tickets booked on select flights at least 30 days prior to travel (which can be purchased till January 23), while its no-frill competitors – IndiGo and GoAir – launched a similar scheme slashing fares by 30-50 per cent for advance purchases on its websites.

Air India launched a short term 'SpringSale' of up to 50 per cent on all domestic sectors of its network, while a Jet Airways spokesperson said no such decision has been taken so far.

Air India said its promotional scheme would be up for sale from Wednesday up until January 24 and, and be valid for travel between February 21 and April 15. These fares, which would be as low as Rs 1,357 including taxes, would cover all domestic sectors of the national carrier.

The fare from Agartala to Kolkata would be Rs 1,385, between Delhi and Mumbai Rs 2,830 and Delhi-Ahmedabad Rs 2292, inclusive of taxes.

SpiceJet scheme would be valid for travel till April 15 but bookings have to be made in the next two days and all applicable fee and taxes would have to borne by the customer.

The move came as the airlines expected a weak demand in the upcoming lean period and attempted to mop up funds for the March quarter, which is traditionally a weak period both from demand and revenue points of view.

Travel portals reported an immediate upswing in bookings within a few hours of the announcements. “Such a limited period off-season sale is a routine practice in the airline industry across the world and tactical inventory management, to help airlines fill seats that would otherwise go empty. It is 'revenue-positive' for the airline,” a SpiceJet spokesperson said. Spokespersons of IndiGo and GoAir were not available for comments, but travel agents confirmed that these two airlines have also launched similar offers.

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coastaldigest.com news network
October 8,2024

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Mangaluru, Oct 8: The city of Mangaluru mourns the loss of M Ahmed, a pioneering businessman, philanthropist, and the Founder Chairman of the AK Group. He passed away on Tuesday morning at the age of 76, leaving behind a legacy that spans decades of service, innovation, and community building.

M Ahmed, also fondly known as A K Ahmed, was a man of humble beginnings who grew into one of the most respected entrepreneurs in South India. He founded the AK Group in 1984, which has since flourished into a multi-faceted business empire. The company, which began as a small frame manufacturing unit, now encompasses a wide range of industries, including plywood, formaldehyde, particle boards, fire-rated products, and more. AK Group's growth extended beyond India, with manufacturing units established in Myanmar and Vietnam.

What began with 18 employees in 1984 has today expanded to provide employment to approximately 3,000 people in India and 400 abroad. M Ahmed’s dedication and vision were instrumental in transforming the company into a market leader, recognized for its high-quality products and innovation. AK Plywood is now one of India’s top plywood manufacturers, and the largest in South India. The company was Karnataka’s first plywood manufacturer to receive ISO certification and has garnered prestigious awards, including the Rising Stars Power Brands Award in London (2017) and the Best Manufacturer Award from MSME Karnataka (2018).

Ahmed’s business success was deeply rooted in values instilled in him during his early years. He worked alongside his father, the late Abdul Khader Moopa, loading sawn timber, and it was from these humble beginnings that he developed his work ethic, pioneering spirit, and respect for time—values that remained the cornerstone of his remarkable career.

His foresight was evident when he recognized the potential of timber from Perumbavoor, Kerala, for plywood and blockboards at a time when it was merely being used as firewood. This strategic move led to the establishment of one of the first frame manufacturing and peeling units there, and soon after, Ahmed launched his own company in Mangaluru, swiftly earning national and international recognition.

Beyond plywood, the AK Group has diversified into multiple industries, including marine food, pharmaceuticals, construction materials, hypermarkets in India and the UAE, and food industries in Indonesia. Under Ahmed’s leadership, the company’s reach expanded, ensuring its position as a formidable player in various sectors.

Ahmed was not only an extraordinary businessman but also a deeply compassionate individual, dedicated to social and religious causes. He served as the founding president of the managing committee of Ihsan Masjid in Mangaluru and established the Highland Educational and Cultural Centre. His philanthropic efforts were as vast as his business ventures, benefiting countless communities both in India and abroad.

His kindness, simplicity, and punctuality were hallmarks of his character. Those who knew him admired his unyielding commitment to excellence, as well as his warmth and generosity. M Ahmed is survived by his wife, three daughters, and four sons, who continue his legacy of philanthropy and social service.

As news of his passing spread, tributes poured in from all sectors of society. Social, religious, and political leaders in Mangaluru expressed their deep sorrow over the loss of a man who dedicated his life to improving the lives of others.

M Ahmed’s journey from humble beginnings to massive success will continue to inspire generations. His life serves as a testament to the power of vision, perseverance, and, above all, integrity.

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